【BitPush】On-chain data monitoring shows that the TON network experienced a massive fund movement during the recent transaction window (01:11-01:18). In just 7 minutes, the Elector Contract received a total of 198 transfers, amounting to approximately 198 million TON tokens, worth about $294 million USD.
These transfers came from multiple anonymous wallet addresses, with most single transfers around 1.34 million TON (about $2 million USD), following an extremely regular pattern. The vast majority originated from two types of address prefixes—Ef9C and EQCo—continuously injecting funds into the Elector Contract. The only anomaly appeared in the 15th transfer, where an address starting with Ef_A transferred about 1.56 million TON.
From a behavioral perspective, such dense and regular large transfers are not typical of everyday transactions and likely involve staking, validator participation, or significant on-chain operations within the ecosystem. The Elector Contract plays a crucial role in the TON ecosystem, responsible for handling validator election mechanisms. This concentration of funds usually indicates increased network engagement or the initiation of major activities.
Although the identities of these anonymous addresses remain unclear, the transparency of the transactions is fully recorded on-chain. For investors monitoring TON ecosystem developments and whale activities, such large transfers often preemptively reflect the true intentions of market participants. How the subsequent trend develops remains worth continuous observation.
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TON suddenly reveals a massive pledge of $294 million! Nearly 198 mysterious transfers flooded into the Elector contract in less than 2 hours
【BitPush】On-chain data monitoring shows that the TON network experienced a massive fund movement during the recent transaction window (01:11-01:18). In just 7 minutes, the Elector Contract received a total of 198 transfers, amounting to approximately 198 million TON tokens, worth about $294 million USD.
These transfers came from multiple anonymous wallet addresses, with most single transfers around 1.34 million TON (about $2 million USD), following an extremely regular pattern. The vast majority originated from two types of address prefixes—Ef9C and EQCo—continuously injecting funds into the Elector Contract. The only anomaly appeared in the 15th transfer, where an address starting with Ef_A transferred about 1.56 million TON.
From a behavioral perspective, such dense and regular large transfers are not typical of everyday transactions and likely involve staking, validator participation, or significant on-chain operations within the ecosystem. The Elector Contract plays a crucial role in the TON ecosystem, responsible for handling validator election mechanisms. This concentration of funds usually indicates increased network engagement or the initiation of major activities.
Although the identities of these anonymous addresses remain unclear, the transparency of the transactions is fully recorded on-chain. For investors monitoring TON ecosystem developments and whale activities, such large transfers often preemptively reflect the true intentions of market participants. How the subsequent trend develops remains worth continuous observation.